Brunell: China betting on advanced robots

Don BrunellChina has a new industrial strategy which is capturing attention worldwide. It is striving to become an innovation economy using advanced automation, connected robots and artificial intelligence.China intends to shake the image of just being a nation for low-cost manufacturing. Instead, it wants to be known for producing cutting-edge, reliable and high-quality products — even making robots.According to the International Federation of Robotics, the Chinese are creating an “industrial internet” which gathers information and uses it across manufacturing networks, including suppliers and customers.Their robots are connected systems with advanced sensors, sophisticated software and actuators (devices which can automatically adjust production). Its success depends upon highly complex software, algorithms, smart people and billion-dollar investments.IFR sees the automation trend accelerating.“It’s a global race against rising labor costs, an aging workforce, and…